<ul data-eligibleForWebStory="true"><li>A rebound in Bitcoin and other cryptocurrencies has led to a massive wave of short liquidations in the crypto market.</li><li>Data from CoinGlass reveals a significant amount of liquidations in the cryptocurrency derivatives market, totaling over half a billion dollars in the past day.</li><li>73.7% of the liquidations amounting to $371 million came from short investors.</li><li>Bitcoin and Ethereum rebounded following news of a ceasefire between Israel and Iran, causing short-heavy mass liquidations.</li><li>Ethereum led in liquidations with $168 million, surpassing Bitcoin's $153 million, possibly due to its higher price jump and speculative interest.</li><li>Altcoins like Solana and XRP also experienced liquidations, with smaller figures compared to Bitcoin and Ethereum.</li><li>Bitcoin taker buy volume spiked on Bybit, indicating a surge in long volume over short volume, a potential precursor to a BTC price increase.</li><li>Bitcoin has returned to the $105,100 mark following its recovery over the past 24 hours.</li></ul>

Crypto Bears Rekt: $359M Gone As Bitcoin, Ethereum Rebound

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